4 articles · Updated · The Business Times · Apr 30
DBS posted a S$2.93 billion net profit for Q1 2026, up 1% year-on-year, while Wilmar reported a US$265.6 million profit, down 22.8%.
DBS outperformed analyst expectations and announced a S$0.81 per share dividend. Wilmar’s revenue rose 21.9% to US$19.8 billion despite the profit decline.
DBS shares closed down 0.3% at S$56.56, while Wilmar shares rose 1.3% to S$3.83 ahead of their respective earnings announcements.
Is DBS's record profit hiding weakness in its core lending business from falling margins?
With interest rates under pressure, can DBS's wealth management boom continue to drive its growth?
Can Wilmar's sustainability promises be trusted amid its massive corporate governance failures?
The Iran war hit Wilmar's profits. Will this disruption lead to higher food prices for everyone?
How is the Iran war reshaping global food supply chains beyond just one company's bottom line?